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Nigeria

Nigeria’s oil output rises 0.4% in August

The Nigeria Upstream Petroleum Regulatory Commission disclosed this in its crude oil and condensate statistics report released on Sunday. The post Nigeria’s oil output rises 0.4% in August appeared first on Premium Times Nigeria.

Afroconomy Intelligence
1 min readAI Summary
Nigeria’s oil output rises 0.4% in August
Credit: Premium Times Economy

Nigeria's crude oil and condensate output rose 0.4% in August, according to the Nigeria Upstream Petroleum Regulatory Commission's latest statistics report. The marginal increase suggests continued but limited production gains, with implications for fiscal revenue given oil's centrality to Nigeria's export earnings and budget assumptions.

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